Back to feeds

Abhishek Jain

 • 

Triomics • 1m

💡 Day 1 of 25Days of Product with Abhishek Exploring the Untapped Potential of Catering Services in India The Indian catering market exceeds ₹1 lakh crore annually, growing at 10–12% CAGR. From weddings (₹50,000–₹75,000 crore) to corporate events (₹10,000–₹15,000 crore), cultural festivals (₹5,000–₹7,000 crore), social gatherings (₹10,000–₹12,000 crore), and institutional catering (₹8,000–₹10,000 crore), the opportunities are massive. Platforms like Zomato could revolutionize this fragmented space by streamlining vendor discovery, offering standardized pricing, enabling customizable menus, and providing event management tools. A review system would build trust, while exclusive deals and app-only features prevent users from bypassing the platform. Revenue Potential exists for Contract as well as Non-Contract Catering Contract Catering: Regular revenue streams from institutions and corporate clients; potential to secure long-term partnerships with bulk discounts. Non-Contract Catering: High-value, one-time events like weddings and festivals offer lucrative commission-based opportunities. Zomato can capitalize through commissions, subscriptions, ads, and value-added services like logistics or analytics. With the right strategy, catering could become a high-growth vertical in the food tech industry. What are your thoughts on integrating catering into food tech? Let’s discuss it! 🚀

11 replies16 likes
3
Replies (11)

More like this

Recommendations from Medial

Image Description
Image Description

Mahendra Lochhab

Stealth • 2m

India expects 48 lakh weddings in the next two months; may generate Rs 6 lakh crore in business: CAIT

3 replies3 likes
1
Anonymous
Image Description

I'm working on virtual event management system where you can plan,manage and record all your events, festivals and trips . What are the problems you guys face while planning or manageing an event ?

1 replies5 likes
Image Description
Image Description

Mahendra Lochhab

Stealth • 4m

There were over 8 million weddings in India in 2023, with the Indian wedding industry worth Rs 10.5 lakh crore or $130 billion, being the second largest in the world.

5 replies5 likes
Image Description

Rent Eagle

Stealth • 1m

Hi Everyone, RENTEAGLE PRIVATE LIMITED is the new age rental marketplace where one can find a variety of products on rent. The company has now diversified into EVENT MANAGEMENT as well at zero management fee or service fee. We've agencies for various

See More
1 replies3 likes

Nilakantha Nanda

Stealth • 1m

We are excited to share a high-potential real estate B2B project with immense growth opportunities. Requiring minimal investment and offering significant profit margins, this is ideal for visionary investors eager to drive success. Our Portfolio: R

See More
0 replies2 likes
Image Description
Image Description

Riktam Santra

Stealth • 4d

Hi all, I had a startup idea in mind and wanted everyone's opinion on it. we plan on creating an advanced event management platform. At first we plan on targeting general college and campaign events. we plan on including the following features: -

See More
5 replies3 likes
Image Description
Image Description

Anonymous

Stealth • 6m

Any new startup ideas ???????????? Got one today ------> What if we organise the unorganised sectors like photostudios, hotels, caterings, decorations, event planners etc involved in various events like weddings and others and provided to the custome

See More
11 replies8 likes
1
Image Description
Image Description

SamCtrlPlusAltMan

 • 

OpenAI • 2m

🚨 Shantanu Naidu, a long-time associate of Ratan Tata, is expected to receive a piece of the late industrialist's Rs 10,000-crore will, along with his dog.

15 replies37 likes
9
Image Description
Image Description

mukesh kulshrestha

Stealth • 1m

Personalized Eco-Friendly Gifting Platform Overview: A platform offering customized, eco-friendly gifts for personal and corporate events. The focus is on sustainable materials, creative packaging, and personalization through designs, engraving, or

See More
3 replies2 likes

Saksham

Stealth • 7m

After my yesterday's post on Agreements and Contract, people asked me if I am doing an agreement where money is not involved and the transaction is in kind, is it valid? The answer is no. In India, only the agreement which has a monetary value atta

See More
0 replies2 likes

Download the medial app to read full posts, comements and news.